Underwriting Solutions

Chris Spencer

Director of Underwriting Solutions

Underwriting Solutions

The London Insurance Market has long been the global hub of underwriting expertise and innovation. However, as market dynamics shift, underwriters face increasing challenges around; rising client expectations, mounting cost pressures, and the demand for operational efficiency.

 

We recognise the importance of leveraging technology solutions to address the unique challenges in this new era of underwriting, whilst positioning underwriters for future success.

The challenge

To respond to today’s demands and stay ahead of tomorrow’s opportunities, underwriters must succeed in these areas:

  •  Efficiency in pre-bind workflows
  •  Adaptability for the future
  •  Empowering underwriters to focus on high-value work

Our solution

Our modern underwriting insurance platform represents a significant leap forward in this shift in the underwriting world. It brings seamless integrations and continuous innovation, revolutionising the traditional Policy Administration System (PAS) for the specialty insurance market.

With API enablement, it ensures integrations with existing workflows are simple and reduce complexity, cost, and risk. Built using domain-focused technology means value can be achieved faster through an iterative continuous improvement/continuous delivery model. Robust pre-bind workflows and user-friendly interface provide a reliable foundation and flexible architecture offer scalabity and future proofing.

The benefits for you

  1. Future-proofing technology investment

    Our platform is built on a modern API-enabled architecture that ensures your technology investments are future proof. It's designed for seamless upgrades and iterative enhancements, minimising the need for costly or disruptive overhauls.

  2. Scalable and flexible architecture

    As market dynamics evolve, our platform evolves with them. The architecture is built to adapt to emerging technologies, new regulations and shifting customer expectations, so your infrastructure is always aligned with the future of the insurance market. 

  3. Integration with existing tools and systems

    By investing in a flexible and scalable platform you can ensure the organisation avoids the risk of obsolete technologies, keeping you ahead of competitors and enabling you to respond quickly to emerging industry trends.

What type of underwriter are you?

Let's get started

Are you held back by legacy systems and manual, disparate processes?

Our experts in data analytics have developed a tool to help you discover where your organisation sits on the data maturity curve. We'll then highlight what's next on your unique digital journey and be in touch with more detailed insights based on your results.

Insights

A new era of Underwriting: Addressing Market Needs to Succeed
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Products used in this solution

Underwriting Image

Underwriting: Powerful solutions designed to simplify and enhance your underwriting processes.

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Whitespace Platform Image

Whitespace Platform: Data first, digital trading platform for insurance and reinsurance business will full API connectivity.

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